Buying Swing: we double shorted TSLA 300 calls against the
Posted: Tue Feb 21, 2017 11:46 am
Buying Swing: we double shorted TSLA 300 calls against the 295 calls at 1.75 area. This creates a credit risk butterfly but we will look for an entry of 305 calls that we already are starting to clear , as to enter earnings with a 295 300 205 cB with a 310 kicker.
Use your best judgment in finding a good price today for the 305 calls same contract amount as the 295 calls.
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!
Use your best judgment in finding a good price today for the 305 calls same contract amount as the 295 calls.
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!